History of England, from the Accession of James the Second, the — Volume 4 eBook

This eBook from the Gutenberg Project consists of approximately 965 pages of information about History of England, from the Accession of James the Second, the — Volume 4.

History of England, from the Accession of James the Second, the — Volume 4 eBook

This eBook from the Gutenberg Project consists of approximately 965 pages of information about History of England, from the Accession of James the Second, the — Volume 4.
It was proved that, as to the outlay of this money, the directors had placed implicit confidence in the governor, Sir Thomas Cook.  He had merely told them in general terms that he had been at a charge of twenty-three thousand, of twenty-five thousand, of thirty thousand pounds, in the matter of the Charter; and the Court had, without calling on him for any detailed explanation, thanked him for his care, and ordered warrants for these great sums to be instantly made out.  It appeared that a few mutinous directors had murmured at this immense outlay, and had called for a detailed statement.  But the only answer which they had been able to extract from Cook was that there were some great persons whom it was necessary to gratify.

The committee also reported that they had lighted on an agreement by which the Company had covenanted to furnish a person named Colston with two hundred tons of saltpetre.  At the first glance, this transaction seemed merchantlike and fair.  But it was soon discovered that Colston was merely an agent for Seymour.  Suspicion was excited.  The complicated terms of the bargain were severely examined, and were found to be framed in such a manner that, in every possible event, Seymour must be a gainer and the Company a loser to the extent of ten or twelve thousand pounds.  The opinion of all who understood the matter was that the compact was merely a disguise intended to cover a bribe.  But the disguise was so skilfully managed that the country gentlemen were perplexed, and that the lawyers doubted whether there were such evidence of corruption as would be held sufficient by a court of justice.  Seymour escaped without even a vote of censure, and still continued to take a leading part in the debates of the Commons.575 But the authority which he had long exercised in the House and in the western counties of England, though not destroyed, was visibly diminished; and, to the end of his life, his traffic in saltpetre was a favourite theme of Whig pamphleteers and poets.576

The escape of Seymour only inflamed the ardour of Wharton and of Wharton’s confederates.  They were determined to discover what had been done with the eighty or ninety thousand pounds of secret service money which had been entrusted to Cook by the East India Company.  Cook, who was member for Colchester, was questioned in his place; he refused to answer; he was sent to the Tower; and a bill was brought in providing that if, before a certain day, he should not acknowledge the whole truth, he should be incapable of ever holding any office, should refund to the Company the whole of the immense sum which had been confided to him, and should pay a fine of twenty thousand pounds to the Crown.  Rich as he was, these penalties would have reduced him to penury.  The Commons were in such a temper that they passed the bill without a single division.577 Seymour, indeed, though his saltpetre contract was the talk of the whole town, came forward with unabashed forehead to

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History of England, from the Accession of James the Second, the — Volume 4 from Project Gutenberg. Public domain.